9000亿元！央行加量续做MLF

Group 1 - The People's Bank of China (PBOC) announced a 900 billion yuan MLF operation to maintain liquidity in the banking system, with a net injection of 700 billion yuan after accounting for 200 billion yuan maturing this month [2][4] - The central bank's actions are aimed at stabilizing the financing environment for the real economy, particularly in light of seasonal cash withdrawals around the Spring Festival and the issuance of government bonds [2][3] - The PBOC's open market operations are crucial for monetary policy and liquidity management, with a total net injection of 6 trillion yuan in 2025 [2] Group 2 - Analysts believe the recent MLF operation is designed to support major projects and enhance economic recovery, especially with the early issuance of local government bonds [3][4] - The central bank has lowered the re-lending and rediscount rates by 0.25 percentage points to encourage financial institutions to support key sectors [4][5] - The PBOC is expected to continue its supportive monetary policy stance, with potential for further adjustments in reserve requirement ratios or MLF rates depending on economic and inflation data [4][5]